Tag: typical

Trade frictions between the world’s two largest economies go well beyond the parameters of imports and exports. Washington has been attempting to negotiate with Beijing about issues like forced tech transfers and intellectual property theft, but there’s a growing sense among international analysts that talks may also be touching on other deep-rooted issues in their relationship, particularly on the national security and military front. The ongoing spat is a reflection of great power rivalries, p

Trade frictions between the world’s two largest economies go well beyond the parameters of imports and exports.

Washington has been attempting to negotiate with Beijing about issues like forced tech transfers and intellectual property theft, but there’s a growing sense among international analysts that talks may also be touching on other deep-rooted issues in their relationship, particularly on the national security and military front.

The ongoing spat is a reflection of great power rivalries, political scientist Joseph Nye wrote in a Project Syndicate editorial last month: “It is much more than a typical trade dispute like, say, America’s recent clash with Canada over access to that country’s dairy market.”

Many economists have pointed out that the current dispute is more of a tech war than a tariff war as U.S. President Donald Trump’s administration targets China’s technology sector practices. Beijing’s militarization of the South China Sea and the sovereignty of Taiwan could also be influencing negotiations.

In an ideal world, Americans would like to earn well above $100,000 a year. Specifically, men say their “dream salary” is $445,000, while women wish they could earn a more modest, but still substantial, $279,000 per year. That’s according to a 2018 survey from MidAmerica Nazarene University (MNU) of 2,000 Americans. In reality, even the typical American family earns only a fraction of that: The median household income in the U.S. is $61,372. Here’s the full breakdown of how much full-time worker

In an ideal world, Americans would like to earn well above $100,000 a year.

Specifically, men say their “dream salary” is $445,000, while women wish they could earn a more modest, but still substantial, $279,000 per year. That’s according to a 2018 survey from MidAmerica Nazarene University (MNU) of 2,000 Americans.

In reality, even the typical American family earns only a fraction of that: The median household income in the U.S. is $61,372.

And even during their peak earning years, the typical American with a BA isn’t making six figures: Compensation research firm PayScale found that the median salary for a college educated woman tops out at about $61,000, and for a man at just under $95,000.

Here’s the full breakdown of how much full-time workers with a Bachelor’s degree earn at every age. PayScale surveyed 972,788 U.S. workers between July 2015 and July 2018.

A split between House and Senate isn’t the worse thing, says Jeremy Siegel 3 Hours Ago | 02:46The stock market may not get the post-midterm surge over the next 12 months that usually happens, Wharton School finance professor Jeremy Siegel warned on Tuesday. Siegel blames worries about the Federal Reserve’s path higher for interest rates and the possibility of Democrats taking control of the House in Tuesday’s voting. Democrats are expected to win the House, while Republicans are expected to keep

The stock market may not get the post-midterm surge over the next 12 months that usually happens, Wharton School finance professor Jeremy Siegel warned on Tuesday.

“There’s a lot more uncertainties that will make next year not … a stellar year we usually get in third-year presidential cycles,” Siegel, a longtime stock bull, said in a “Squawk on the Street” interview.

Siegel blames worries about the Federal Reserve’s path higher for interest rates and the possibility of Democrats taking control of the House in Tuesday’s voting.

Democrats are expected to win the House, while Republicans are expected to keep their slim majority in the Senate.

Stocks have already reaped the benefits of President Donald Trump’s business-friendly deregulation and tax cuts, said Siegel, though he did admit that the market has historically done well under a divided government.

On average, the S&P 500 has been up 16.7 percent in the 12 months after midterm elections, going back to World War II, according to CFRA. (Of course, past performance is not indicative of future results.)

Stocks were higher Tuesday as investors awaited the results of the much-anticipated election.

The Dow Jones Industrial Average and the S&P 500 on Monday logged their fourth positive sessions out of the past five, with the Dow closing at its highest level in nearly three weeks.

Last month, Siegel urged investors to be somewhat cautious, saying numerous headwinds, including the midterms, will keep stock prices muted for 2019.

However, at the time, Siegel said he still favors stocks long term, adding the market will be the best-performing asset for investors looking out three to four years from now.

Your peak earning years may be closer than you think. PayScale also found that when you earn the most during your career depends on your gender: Pay growth for college-educated women essentially stops around age 40. However, a shift occurs at age 34, when women’s earning growth starts to slow and men’s remains steady. Blue represents pay growth for men and orange represents pay growth for women. Here’s the full break down of the median pay by age and gender for full-time workers with a Bachelor’

Your peak earning years may be closer than you think. According to compensation research firm PayScale, full-time workers with Bachelor’s degrees tend to make the most money in their 40s and 50s.

PayScale also found that when you earn the most during your career depends on your gender: Pay growth for college-educated women essentially stops around age 40. For college-educated men, wages continue to grow for another decade and peak in their early 50s.

Male college graduates earn more from the get-go: They bring home a median salary of $50,700 at age 22, while their female counterparts earn $39,500 per year, for a difference of $11,200.

From ages 22 to 33, women’s pay actually grows slightly faster than men’s. However, a shift occurs at age 34, when women’s earning growth starts to slow and men’s remains steady.

By age 41, college-educated women see their salaries peak at about $61,000. Meanwhile, men continue seeing increases up until age 53, at which point they’re earning about $95,000.

“The smallest gap in raw wages occurs at age 25 (with the typical working man earning $10,600 than the typical working woman), and is largest at age 54 (when the typical man earns $32,800 more than the typical woman),” Payscale reports.

PayScale’s chart maps out the percent growth in pay by gender from age 22 to 67. Blue represents pay growth for men and orange represents pay growth for women.

The data “only represents wages for those who remain in the workforce,” PayScale notes. “The fall in wages for both genders over the age of 60 is likely due to people dropping out of the workforce due to retirement.”

Here’s the full break down of the median pay by age and gender for full-time workers with a Bachelor’s degree. PayScale surveyed 972,788 U.S. workers between July 2015 and July 2018:

On Saturday, Smithsonian Magazine is hosting its annual Museum Day, during which admission fees at over 1,500 museums, zoos and cultural centers across the country are waived. “Museum Day goes beyond getting visitors through museum doors — it acts as a springboard to empower and help advance the hopes and ambitions of the public, particularly school-aged children and those in underrepresented communities,” says Smithsonian. Some of the museums offering free admission on Saturday include the 9/11

On Saturday, Smithsonian Magazine is hosting its annual Museum Day, during which admission fees at over 1,500 museums, zoos and cultural centers across the country are waived. All 50 states have participating institutions, ranging from the Museum of Pop Culture in Seattle, Washington to Zoo Miami in Florida.

“Museum Day goes beyond getting visitors through museum doors — it acts as a springboard to empower and help advance the hopes and ambitions of the public, particularly school-aged children and those in underrepresented communities,” says Smithsonian.

For free admission and to search which institutions near you are participating in the promotion, you can search here by state, zip code or specific institution, and then download your free ticket. Your ticket provides free, general admission for two people on Sept. 22.

Some of the museums offering free admission on Saturday include the 9/11 Tribute Museum in Manhattan, New York, (which usually has an admission fee of $15) and the Intrepid Sea, Air and Space Museum there (which usually has a fee of $33).

In Chicago, participating museums include the Adler Planetarium (its typical fee is $12) and in San Francisco, you can get into the Cartoon Art Museum for free (its typical fee is $10).

This year, Smithsonian Magazine’s Museum Day is highlighting women making history, encouraging visitors to explore the stories of female trailblazers.

Don’t miss: This Italian island is so dreamy you have to apply to visit and there’s a waitlist — take a look

With more than 25,000 stores worldwide, it may seem like Starbucks has left no country unclaimed, yet Italy is uncharted territory for the coffee giant — until now, that is. Starbucks opened a Roastery location in Milan Thursday, marking its first foray into Italy. Roastery locations are far from the typical Starbucks store. Designed for a more upscale experience, rather than catering to those looking to get their quick caffeine fix. There is a coffee roasting facility inside the store and custo

With more than 25,000 stores worldwide, it may seem like Starbucks has left no country unclaimed, yet Italy is uncharted territory for the coffee giant — until now, that is.

Starbucks opened a Roastery location in Milan Thursday, marking its first foray into Italy.

Roastery locations are far from the typical Starbucks store. Designed for a more upscale experience, rather than catering to those looking to get their quick caffeine fix.

There is a coffee roasting facility inside the store and customers can choose a wide array of items from alcoholic beverages to pizza.

Howard Schultz, who stepped down as executive chairman in June and is now chairman emeritus, was cautious in entering the Italian market — choosing to open with the experiential-based store and working with multiple local partners.

“We are not coming here to teach Italians how to make coffee, we’re coming here with humility and respect, to show what we’ve learned,” he said last year when announcing the new venture.

Strict timetables, generic lesson plans and constant assessments are, for many, more likely to inspire boredom than the next great business idea. But for Richard Lorenzen, who founded his business in the 10th grade, it was a different story. “Wherever you go to school, you’re always going to have to try for yourself,” Lorenzen, founder of New York public relations firm Fifth Avenue Brands,” told CNBC Make It. It all started fairly mundanely in an overcrowded public school in Long Island, New Yor

Strict timetables, generic lesson plans and constant assessments are, for many, more likely to inspire boredom than the next great business idea.

But for Richard Lorenzen, who founded his business in the 10th grade, it was a different story. Only, his wasn’t a typical schooling experience: Lorenzen was homeschooled and he said that’s what pushed him to become the entrepreneur he is today.

“Wherever you go to school, you’re always going to have to try for yourself,” Lorenzen, founder of New York public relations firm Fifth Avenue Brands,” told CNBC Make It.

“But I can see now some of the places I’ve had advantages, and also the personal habits I’ve developed, by being homeschooled.”

It all started fairly mundanely in an overcrowded public school in Long Island, New York. Lorenzen’s mom, a freelance writer, decided she could do a better job homeschooling her children, and, to a seventh-grade Lorenzen and his younger sister, it sounded like a great opportunity to slack off.

“When a kid hears homeschool, they hear ‘woah, I don’t have to go to school anymore,’” recalled Lorenzen, now 26.

But compared to employees in other nations, Americans take significantly fewer days off. One reason for this is that American companies offer fewer vacation days. According to the Bureau of Labor Statistics, 76 percent of private industry workers (who make up 84.7 percent of all workers) receive paid vacation days. After one year of employment, these workers were granted 10 days of paid vacation, on average. In 2017, the average worker with five years of experience at a company was given 15 days

As summer heats up, workers across the country are enjoying some well-earned time off. People who take vacations report higher productivity and are more likely to get a promotion or a raise.

But compared to employees in other nations, Americans take significantly fewer days off.

One reason for this is that American companies offer fewer vacation days. According to the Bureau of Labor Statistics, 76 percent of private industry workers (who make up 84.7 percent of all workers) receive paid vacation days. After one year of employment, these workers were granted 10 days of paid vacation, on average.

This number grows modestly as years of tenure with an employer increase. In 2017, the average worker with five years of experience at a company was given 15 days of paid vacation and the average worker with 20 years of experience was given 20 paid vacation days.

In Oregon, multiple wildfires are burning, including several on rangelands believed to have been sparked this week by lightning strikes. More than 600 lightning strikes were recorded in the state from Wednesday until Thursday afternoon, according to the National Weather Service. There’s also the Graham fire in central Oregon burning near a state park. Oregon has a fleet of firefighting air resources pre-positioned around the state at various bases that allow authorities to bring those resources

In Oregon, multiple wildfires are burning, including several on rangelands believed to have been sparked this week by lightning strikes.

More than 600 lightning strikes were recorded in the state from Wednesday until Thursday afternoon, according to the National Weather Service.

“What we’re seeing is grassy range fires, which is a very typical fuel to burn this time of year,” said Carol Connolly, a spokesperson for the Northwest Interagency Coordination Center in Portland, Oregon. “As we move into the summer, then we start to see the larger fuels and the forested areas, but in the spring and early summer it’s typical to see these kinds of range fires when there’s an ignition spark.”

One of the largest blazes in Oregon is the Boxcar fire burning in short grass and brush. The blaze, just outside the community of Maupin in the northern portion of the state, surpassed 7,000 acres as of Friday morning.

There’s also the Graham fire in central Oregon burning near a state park. Fanned by high winds, the Graham blaze has charred more than 2,000 acres and Thursday evening forced evacuations and threatened homes.

“There are structural task forces working around the threatened homes,” Jim Gersbach, a spokesman for the Oregon Department of Forestry, said Friday morning. “There may have been damage from the fires, so today they are doing some assessment to look at that.”

Oregon has a fleet of firefighting air resources pre-positioned around the state at various bases that allow authorities to bring those resources onto fires within a few hours. They include helicopters, single-engine air tankers and large air tankers as well as detection aircraft.

With the right travel credit card, you can access luxury for less, earn discounted flights and hotel stays, and even net hundreds of dollars in cash back every year. But with so many different cards offering a range of perks and redemption options, it’s easy to get overwhelmed. To determine which card offers the best deal overall, CNBC Make It analyzed 35 of the most popular travel cards in the U.S. We also evaluated the ease of use of each card and potential downsides, including annual fees and

With the right travel credit card, you can access luxury for less, earn discounted flights and hotel stays, and even net hundreds of dollars in cash back every year. But with so many different cards offering a range of perks and redemption options, it’s easy to get overwhelmed.

To determine which card offers the best deal overall, CNBC Make It analyzed 35 of the most popular travel cards in the U.S. Using a sample budget based on data from the Bureau of Labor Statistics, we estimated how much money each card would save the typical American, as well as frequent travelers, after five years.

We also evaluated the ease of use of each card and potential downsides, including annual fees and interest rates.

Based on the data, here is our No. 1 choice, our runner up and some other good options that may be better suited to your lifestyle.